RI S3076

Establishes three pathways to CPA licensure: post-baccalaureate degree with 1 year experience, baccalaureate plus 30 credit hours with 1 year experience, or baccalaureate with 2 years experience

Grants individual mobility practice privileges allowing CPAs licensed in other states to practice in Rhode Island without obtaining a separate license, provided they meet specified initial licensure requirements or held an active license as of December 31, 2024

Increases Board of Accountancy membership from 3 to 4 CPA members with active licenses, while maintaining one public sector member, and removes the separate public accountant seat

Creates new administrative penalty structure: up to $1,000 per violation for licensees and up to $2,500 per violation for unregistered practice of public accounting

Consolidates terminology by replacing references to "certificates" and "permits" with "licenses" throughout the chapter, and updates definitions to align with AICPA, NASBA, and PCAOB standards